Sabiedrība ar ierobežotu atbildību "VARMATS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 29 999 € (15% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 298 803 | 159 939 | 220 421 | 226 551 | 237 228 | 206 080 | 303 566 | 306 892 | 356 567 | 375 686 | 405 107 | 371 946 | 374 636 | 579 322 | 341 287 | 310 632 | 282 660 | 278 662 |
| Total non-current assets | 29 266 | 20 578 | 9262 | 9019 | 8341 | 16 530 | 18 516 | 17 646 | 18 939 | 24 056 | 26 936 | 26 035 | 24 016 | 24 046 | 20 241 | 16 977 | 16 125 | 14 125 |
| Total assets | 328 069 | 180 517 | 229 683 | 235 570 | 245 569 | 222 610 | 322 082 | 324 538 | 375 506 | 399 742 | 432 043 | 397 981 | 398 652 | 603 368 | 361 528 | 327 609 | 298 785 | 292 787 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 183 764 | 105 660 | 134 010 | 95 791 | 100 195 | 75 335 | 133 804 | 159 341 | 166 155 | 129 330 | 120 765 | 64 769 | 45 773 | 302 737 | 103 658 | 85 123 | 92 697 | 101 622 |
| Non-current liabilities | 55 317 | 75 763 | 62 101 | 51 306 | 36 344 | 31 222 | 8997 | 0 | 0 | 5766 | 3606 | 197 001 | 131 432 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 239 081 | 181 423 | 196 111 | 147 097 | 136 539 | 106 557 | 142 801 | 159 341 | 166 155 | 135 096 | 124 371 | 261 770 | 177 205 | 302 737 | 103 658 | 85 123 | 92 697 | 101 622 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 47 298 | -20 357 | 34 478 | 57 238 | 24 702 | 18 023 | 39 682 | 7366 | 48 554 | 68 161 | 76 026 | 56 922 | 85 236 | 79 184 | 13 489 | -15 384 | -36 398 | 15 076 |
| Total equity | 87 318 | -906 | 33 572 | 88 473 | 109 030 | 116 053 | 179 281 | 165 197 | 209 351 | 264 646 | 307 672 | 136 211 | 221 447 | 300 631 | 257 870 | 242 486 | 206 088 | 191 165 |
| Income statement | ||||||||||||||||||
| Sales revenue | 844 532 | 434 396 | 542 970 | 755 543 | 690 617 | 605 473 | 834 464 | 841 173 | 978 562 | 1 088 989 | 1 131 322 | 1 299 249 | 1 233 691 | 1 329 754 | 918 312 | 903 988 | 556 750 | 705 113 |
| Operating profit | 45 607 | -13 428 | 52 021 | 70 348 | 26 673 | 20 449 | 49 344 | 11 125 | 57 767 | 79 241 | 76 026 | 56 922 | 88 201 | 82 358 | 16 391 | -12 332 | -35 469 | 5750 |
| EBITDA | 45 607 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 53 736 | -20 357 | 38 921 | 67 470 | 28 670 | 20 592 | 45 459 | 9088 | 57 051 | 79 241 | 76 026 | 56 922 | 85 236 | 79 184 | 13 489 | -15 384 | -36 398 | 15 096 |
| Profit for the reporting year | 47 298 | -20 357 | 34 478 | 57 238 | 24 702 | 18 023 | 39 682 | 7366 | 48 554 | 68 161 | 76 026 | 56 922 | 85 236 | 79 184 | 13 489 | -15 384 | -36 398 | 15 076 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 10 | 5 | 5 | 6 | 5 | 7 | 6 | 6 | 6 | 6 | 5 | 5 | 6 | 6 | 4 | 3 | 3 | 3 |
| Calculated dividend | 17 804 | 35 390 | 0 | 2337 | 4145 | 11 000 | 0 | 21 450 | 4400 | 12 866 | 33 000 | 228 383 | 0 | 0 | 56 250 | 0 | 0 | 29 999 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: Sabiedrība ar ierobežotu atbildību "VARMATS"
Overview
Sabiedrība ar ierobežotu atbildību "VARMATS" (reg. no. 40003277298) is a limited liability company. The company was registered in 1995 and has been in the register for 30 years. Registered address: Rīga, Stopiņu iela 32A.
Financial results
Revenue in 2025 was 705 113 €, up 26,6% on the previous year (556 750 €). From 2008 to 2025, revenue declined by an average of 1,1% per year. Net profit for 2025 was 15 076 € (2,1% of revenue). The company was profitable in 15 of the 18 published years. In 2025 the company had 3 employees. Revenue per employee was 235 038 €. At the end of 2025, total assets were 292 787 € and equity 191 165 € (65,3% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (60%) is held by a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.